NOV to make further job cuts in Norway
National Oilwell Varco (NOV) said it plans to make job cuts from its operations in Norway.
National Oilwell Varco (NOV) said it plans to make job cuts from its operations in Norway.
ESS said it has reduced its headcount by 58 employees in Norway.
Norwegian operator Statoil has extended contracts worth $600million to a number of companies including KCA Deutag, Archer and Odfjell.
A Norwegian freight firm has shut its offices in Aberdeen and established a partnership with another firm to run the services previously offered.
The Norwegian union Fellesforbundet has broken off negotiations with the employers' Federation of Norwegian Industries.
Norway’s unemployment rate jumped to the highest in more than a decade as a slump inoil prices weighs on an expansion in western Europe’s biggest crude producer.
The collapse of crude prices isn’t the only problem facing energy companies in Norway: Explorers in western Europe’s biggest oil-producing nation also have had their leanest drilling spell in almost a decade.
This footage shows the Aasta Hansteen living quarters being manufactured by CKT Projects.
A drillship which has been laid up in Venezuela since last year has now been sold.
KCA Deutag said it has begun a recruitment process for operational staff in Norway.
Statoil had 21 serious emissions last year which was an increase of more than 50%, according to new reports.
Fjord Processing has been given a cash injection from the Research Council of Norway for its work looking into cleaner technologies in the oil and gas industry.
Shipments of shale gas have arrived in Norway for the first time since an export ban was lifted in the US.
Maersk Drilling is set to make up to 70 redundancies in Norway.
Statoil has taken back a COSL Drilling Europe semi-submersible at its Troll field off Norway swiftly after suspending the deal earlier this month.
Offshore workers' mental health is being affected by the downturn in the oil industry to the point where there is an increased suicide risk according to the boss of an offshore healthcare provider.
The Norwegian central bank reduced its key interest rate by 0.25 percentage point, to 0.5 percent, and said it may act again later this year to spur the economy from its oil-led downturn.
Norwegian operator Statoil has awarded a contract to Ocean Installer which will see it perform subsea work.
Engi said it will reduce its headcount in Norway in a first time move for the company in the region.
Songa Offshore said it plans to issue a convertible bond of $100million with an option to increase it by a further five million as it looks to complete comprehensive refinancing.
A director at Eni said its Goliat oilfield project could still be profitable even below $50 a barrel oil.
Aker Solutions said it plans to make 600 further job losses from the company as it looks to streamline costs.
Prosafe said the Safe Scandinavia has completed onshore acceptance testing and is now being mobilised to the Oseberg Ost installation to commence drilling support operations for Statoil.
Deal-making in the oil industry is about to jump.
Norway’s Prime Minister said workers who will decided the fate of the country’s oil industry had not even been “born yet” as it was revealed jobs would continue to be lost this year. Erna Solberg spoke at the annual conference of the Norwegian Oil Industry Association in Oslo.